According to a new CNBC survey, a record-high 66% of Americans are pessimistic about the future, with CNBC describing the mood as the most depressed they've ever seen. The sentiment is widespread among generations, with 65% of Gen Xers, 60% of millennials, 58% of baby boomers, and 55% of Gen Z believing the US is in a recession, per Bankrate. Inflation has cast a dark cloud over the economy, affecting views significantly. Kyle Connolly, who reentered the workforce, faced a layoff from her job, highlighting the personal adversities experienced by individuals. Despite the economy being considered strong, the discontent about inflation persists, influencing the negative perception of the economy among everyday Americans.
Residual anger about high inflation in recent years appears to have soured consumers’ views of the economy. https://t.co/yhHM3FZG8S https://t.co/FyYGWlb6oR
According to a new CNBC survey, a record-high 66% of Americans say they are pessimistic about the future. As CNBC put it, “we’ve never found people more depressed.” https://t.co/5BtiX8Zlyf
65% of Gen Xers say the US is in a recession, per Bankrate.. Meanwhile, 60% of millennials, 58% of baby boomers and 55% of Gen Z do.
ICYMI: My @CNBC story out yesterday looks at why everyday Americans feel so bad about an economy that’s considered strong. The answer, at least in part, appears tied to continued discontent about inflation. https://t.co/d81ajUqsZx
Inflation has created a dark cloud over how everyday Americans view the economy - CNBC https://t.co/pJewZyZt5b
Inflation has created a dark cloud over how everyday Americans view the economy (CNBC) When Kyle Connolly looks back at 2023, she sees it as a year defined by changes and challenges. The newly single parent reentered the workforce, only to be laid off from her job at a custom… https://t.co/GSk1z93ir4